The AFTRAC group is made up of AFTRAC Limited, AFTRAC Testing Limited and General Plant Service System Limited (GPSSL).These reliable and capable wholly indigenous-Nigerian companies have made strides in the oil and gas service sector as a successful,technology resource group.
AFTRAC Limited was incorporated in 1993 as a limited liability company. We began our operations offering a wide range of Instrumentation products to the downstream oil and gas sector. We rapidly extended our customer base and range of products and services to the upstream sector. Our ultrasonic sand management solutions allow operators optimizes oil and gas production when sand is a concern.
General administration of the finance and accounts department.
Overseeing the company’s Fund Management as well as Asset management
Ensure the company is compliant with ALL Statutory remittances such as WHT, VAT, PENCOM, NSITF, Tenement rates, etc.
Ensure optimal payroll administration and ensure staff remittances such as PAYE, Pensions, allowances, etc. are duly effected
Develop and maintain external beneficial relationships with appropriate contacts like solicitors, auditors, bankers and statutory organisations such as State and Federal Inland Revenue Services for ease of business.
Monitor and review accounting and related system reports developed by subordinates for accuracy and completeness.
Draft cash-flow plans, reports, financial statements and internal audits for presentation to management and Board of Directors when necessary.
Be well informed and updated on changes in financial regulations and legislation such as exchange rates, taxation, auditing, valuations, etc.
Conduct financial reviews and evaluations for cost-reduction opportunities by analysing revenue and expenditure trends which will form basis for recommendation of appropriate budget levels.
Engage in active debt-drive, invoicing and promptly effect approved contractor/supplier’s payments
Maintain Computerised Accounting System and ensure Monthly, Quarterly and Annual Management Accounts are prepared and presented.
Method of Application